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Spain - Latest news GMK Center

Photo – Celsa completes financial restructuring process
Celsa completes financial restructuring process

The company will have sufficient resources to fully refinance its obligations

Photo – ArcelorMittal Spain has shut down its coating line in Avilés for maintenance
ArcelorMittal Spain has shut down its coating line in Avilés for maintenance

The company is also experiencing difficulties restarting the blast furnace in Xixi

Photo – Spain increased steel production by 11.6% m/m in October
Spain increased steel production by 11.6% m/m in October

Over 10 months, the indicator increased by 1.1%, slowing down to the lowest growth rate since the beginning of the year

Photo – ArcelorMittal receives environmental permit for steel powder production in Spain
ArcelorMittal receives environmental permit for steel powder production in Spain

The new plant in Avilés will have a capacity of 1,800 tons per year and will supply high-tech industries

Photo – Celsa launches a new large-scale financial reorganization
Celsa launches a new large-scale financial reorganization

The company's board of directors approved an €800 million transaction consisting of two parts

Photo – Spain increased steel production by 11% m/m in September
Spain increased steel production by 11% m/m in September

Over 9 months, the indicator increased by 2.2%, reducing the growth rate to the lowest level since the beginning of the year

Photo – Spain to provide €600 million in subsidies to energy-intensive industries
Spain to provide €600 million in subsidies to energy-intensive industries

Support is intended to compensate for indirect CO2 emissions, with steelmakers among the beneficiaries

Photo – ArcelorMittal Olaberria launches a pilot project to use green hydrogen
ArcelorMittal Olaberria launches a pilot project to use green hydrogen

Technology allows furnaces to run on 100% green hydrogen, reducing CO2 emissions to zero

Photo – Spain increased steel production by 4.4% y/y in January-August
Spain increased steel production by 4.4% y/y in January-August

In August, steel production in the country fell by 10.3% y/y

Photo – ArcelorMittal questions the viability of its current industrial configuration in Spain
ArcelorMittal questions the viability of its current industrial configuration in Spain

Uncertainty raises concerns about the future of the company's plants in Asturias

Photo – Spain increased steel production by 6.3% y/y in January-July
Spain increased steel production by 6.3% y/y in January-July

In July, steel production in the country grew by 12.9% y/y

Photo – Spain’s Unesid calls for clarification on EU-US trade agreement
Spain’s Unesid calls for clarification on EU-US trade agreement

The lack of clear conditions continues to affect the European and Spanish steel industries

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